Form 1040 — Lines 45 Through 50
Line 45
Alternative Minimum Tax
Use the worksheet on page 41 to see if you
should fill in Form 6251.
TIP
An electronic version of this
worksheet is available on
www.irs.gov. Enter “AMT Assistant” in the search box on the
website.
Exception. Fill in Form 6251 instead of
using the worksheet on page 41 if you
claimed or received any of the following
items.
• Accelerated depreciation.
• Stock by exercising an incentive stock
option and you did not dispose of the stock
in the same year.
• Tax-exempt interest from private activity bonds.
• Intangible drilling, circulation, research, experimental, or mining costs.
• Amortization of pollution-control facilities or depletion.
• Income or (loss) from tax-shelter farm
activities or passive activities.
• Income from long-term contracts not
figured using the percentage-of-completion
method.
• Interest paid on a home mortgage not
used to buy, build, or substantially improve
your home.
• Investment interest expense reported
on Form 4952.
• Net operating loss deduction.
• Alternative minimum tax adjustments
from an estate, trust, electing large partnership, or cooperative.
• Section 1202 exclusion.
• Any general business credit in Part I
of Form 3800.
• Empowerment zone and renewal
community employment credit.
• Qualified electric vehicle credit.
• Alternative fuel vehicle refueling
property credit.
• Credit for prior year minimum tax.
Form 6251 should be filled in
for a child if Form 8615 must be
used to figure the child’s tax
CAUTION
and the child’s adjusted gross
income on Form 1040, line 38, exceeds the
child’s earned income by more than
$6,700. To find out when Form 8615 must
be used, see page 38.
!
Line 47
Foreign Tax Credit
If you paid income tax to a foreign country,
you may be able to take this credit. Gener-
ally, you must complete and attach Form
1116 to do so.
Exception. You do not have to complete
Form 1116 to take this credit if all five of
the following apply.
1. All of your gross foreign source income was from interest and dividends and
all of that income and the foreign tax paid
on it were reported to you on Form
1099-INT, Form 1099-DIV, or Schedule
K-1 (or substitute statement).
2. If you had dividend income from
shares of stock, you held those shares for at
least 16 days.
3. You are not filing Form 4563 or excluding income from sources within Puerto
Rico.
4. The total of your foreign taxes was
not more than $300 (not more than $600 if
married filing jointly).
5. All of your foreign taxes were:
a. Legally owed and not eligible for a
refund, and
b. Paid to countries that are recognized
by the United States and do not support
terrorism.
For more details on these requirements,
see the Instructions for Form 1116.
Do you meet all five requirements
above?
❏
Yes. Enter on line 47 the smaller of (a)
your total foreign taxes, or (b) the amount
on Form 1040, line 44.
❏ No. See Form 1116 to find out if you
can take the credit and, if you can, if you
have to file Form 1116.
For details, use TeleTax topic 602 (see
page 94) or see Form 2441.
Line 49
Education Credits
If you (or your dependent) paid qualified
expenses in 2009 for yourself, your spouse,
or your dependent to enroll in or attend an
eligible educational institution, you may be
able to take an education credit. See Form
8863 for details. However, you cannot take
an education credit if any of the following
applies.
• You, or your spouse if filing jointly,
are claimed as a dependent on someone
else’s (such as your parent’s) 2009 tax return.
• Your filing status is married filing
separately.
• The amount on Form 1040, line 38, is
$90,000 or more ($180,000 or more if married filing jointly).
• You are taking a deduction for tuition
and fees on Form 1040, line 34, for the
same student.
• You, or your spouse, were a nonresident alien for any part of 2009 unless your
filing status is married filing jointly.
Line 50
Line 48
Credit for Child and
Dependent Care Expenses
You may be able to take this credit if you
paid someone to care for any of the following persons.
1. Your qualifying child under age 13
whom you claim as your dependent.
2. Your disabled spouse who could not
care for himself or herself, and who lived
with you for more than half the year.
3. Any disabled person not able to care
for himself or herself, who lived with you
for more than half the year, and whom you
claim as a dependent.
4. Any disabled person not able to care
for himself or herself, who lived with you
for more than half the year, and whom you
could have claimed as a dependent except
that:
a. The person filed a joint return,
b. The person had $3,650 or more of
gross income, or
Need more information or forms? See page 96.
c. You, or your spouse if filing jointly,
could be claimed as a dependent on someone else’s 2009 return.
5. Your child whom you could not claim
as a dependent because of the rules for
Children of divorced or separated parents
that begin on page 18.
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Retirement Savings
Contributions Credit
(Saver’s Credit)
You may be able to take this credit if you,
or your spouse if filing jointly, made (a)
contributions, other than rollover contributions, to a traditional or Roth IRA; (b) elective deferrals to a 401(k) or 403(b) plan
(including designated Roth contributions)
or to a governmental 457, SEP, or SIMPLE
plan; (c) voluntary employee contributions
to a qualified retirement plan (including the
federal Thrift Savings Plan); or (d) contributions to a 501(c)(18)(D) plan.
However, you cannot take the credit if
either of the following applies.
1. The amount on Form 1040, line 38, is
more than $27,750 ($41,625 if head of
household; $55,500 if married filing
jointly).
2. The person(s) who made the qualified
contribution or elective deferral (a) was
born after January 1, 1992, (b) is claimed as
Form 1040 — Lines 45 Through 50
a dependent on someone else’s 2009 tax
return, or (c) was a student (defined next).
You were a student if during any part of
5 calendar months of 2009 you:
• Were enrolled as a full-time student at
a school, or
• Took a full-time, on-farm training
course given by a school or a state, county,
or local government agency.
A school includes a technical, trade, or
mechanical school. It does not include an
Worksheet To See if You Should Fill in Form 6251—Line 45
Before you begin:
⻫
⻫
on-the-job training course, correspondence
school, or school offering courses only
through the Internet.
For more details, use TeleTax topic 610
(see page 94) or see Form 8880.
Keep for Your Records
Be sure you have read the Exception on page 40 to see if you must fill in Form 6251 instead of using
this worksheet.
If you are claiming the foreign tax credit (see the instructions for Form 1040, line 47, on page 40), enter
that credit on line 47.
1. Are you filing Schedule A?
No. Enter the amount from Form 1040, line 38.
..............................
Yes. Enter the amount from Form 1040, line 41.
2. Enter any amount from Form 8914, line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.
3. If filing Schedule L, enter the total of lines 6 and 20 from Schedule L. Otherwise, enter -0- . . 3.
4. Add lines 2 and 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5. Subtract line 4 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6. If filing Schedule A, enter the smaller of the amount on Schedule A, line 4, or 2.5% (.025) of the amount on
Form 1040, line 38 (but not less than zero). Otherwise, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7. If filing Schedule A, enter the total of the amounts from Schedule A, lines 5, 6, 8, and 27. Otherwise, enter -08. Add lines 5 through 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9. Enter any tax refund from Form 1040, lines 10 and 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10. Subtract line 9 from line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11. Enter the amount shown below for your filing status.
• Single or head of household — $46,700
• Married filing jointly or Qualifying widow(er) — $70,950
..............................
• Married filing separately — $35,475
12. Is the amount on line 10 more than the amount on line 11?
No. STOP You do not need to fill in Form 6251.
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Yes. Subtract line 11 from line 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13. Enter the amount shown below for your filing status.
• Single or head of household — $112,500
• Married filing jointly or qualifying widow(er) — $150,000
................
• Married filing separately — $75,000
14. Is the amount on line 10 more than the amount on line 13?
No. Skip lines 14 and 15; enter on line 16 the amount from line 12, and go to line 17.
Yes. Subtract line 13 from line 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15. Multiply line 14 by 25% (.25) and enter the smaller of the result or line 11 above . . . . . .
16. Add lines 12 and 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17. Is the amount on line 16 more than $175,000 ($87,500 if married filing separately)?
Yes. STOP Fill in Form 6251 to see if you owe the alternative minimum tax.
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No. Multiply line 16 by 26% (.26) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17.
18. Enter the amount from Form 1040, line 44, minus the total of any tax from Form 4972 and any amount on Form
1040, line 47. If you used Schedule J to figure your tax, the amount for Form 1040, line 44, must be refigured
without using Schedule J . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18.
Next. Is the amount on line 17 more than the amount on line 18?
Yes. Fill in Form 6251 to see if you owe the alternative minimum tax.
No. You do not owe alternative minimum tax and do not need to fill in Form 6251. Leave line 45 blank.
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Need more information or forms? See page 96.